Zaviant’s Post

Organizations may be figuring out what generative AI safeguards are needed. However, at this time, only 9% of companies believe they are adequately prepared to manage the risks of generative AI. https://bit.ly/3x6UDIo #generativeAI #AI #riskmanagement #financialrisk #riskprofessionals #RiskIntelligence

Organizations are currently in the process of determining the necessary safeguards for generative AI. Surprisingly, only 17% of organizations have provided formal training or briefings to their entire company regarding the risks associated with generative AI. However, it is crucial for organizations to proactively manage AI governance and risk to safeguard their interests in the near future.

Continuing the topic of AI in the context of risks

💡 News Update MITRE Releases AI Security and Safety Framework for Incoming Administration In a strategic move to address the burgeoning challenges posed by rapid advancements in artificial intelligence (AI), the MITRE Corporation has released a comprehensive guide for the incoming U.S. administration. Titled “Assuring AI Security and Safety Through AI Regulation,” the document offers a detailed roadmap to establish a balanced and effective regulatory framework that enhances AI security, ethical considerations, and public trust. The initiative aims to reinforce the United States’ position as a global leader in AI while harnessing its transformative potential to tackle critical issues across various sectors. #ai #MITRE #news https://lnkd.in/gRmAzF7v

Curious about the power of AI in auditing? Our latest blog post explores the myriad benefits and use cases of AI technology. Stay ahead of the curve with AuditBoard! #AI #AuditTechnology #BlogPost

There are four or five key stages in becoming an AI-driven company. Understanding and assessing the risks and building the associated policies and procedures to govern AI usage has to be part of the foundational phase. This takes time, talent, and a commitment to doing it right. Failure to do this to this is a grave error. The fact that "only 58% of respondents have started assessing AI risks" is a scary statistic. #AI #ArtificialIntelligence #Tech #Business #RiskAssessment

Biden Administration Safeguards Public from AI Risks Biden Administration has released its first comprehensive policy for managing AI risks, requiring agencies to appoint a chief AI officer. With the announcement of its first complete strategy for addressing the risks connected with artificial intelligence (AI), the White House has mandated that agencies increase their reporting on AI deployment and address the possible vulnerabilities posed by the technology. Biden Administration Plots Out Regulatory Measures The White House issued a memorandum on March 28 mandating that federal agencies appoint a […] Biden Administration Safeguards Public from AI Risks #AIregulation #JoeBiden #Technology

A striking stat to start your weekend: Did you know only 9% of companies believe they are adequately prepared to manage the risks of #GenAI? Read more in "Risk Management and Generative AI: A Matter of Urgency". https://lnkd.in/ePsRVqTA #AI #riskmanagement #riskintelligence

What does good governance for #AI look like? Here are five practical insights for risk experts: 1️⃣ Good AI governance delivers value even before the use case starts 2️⃣ #GenAI makes new demands of governance 3️⃣ An AI-focused risk taxonomy is fundamental 4️⃣ Good AI governance advances AI strategy 5️⃣ Be tech powered – but human-led Here’s the full report: https://lnkd.in/gciaandu #RiskManagement #DigitalTransformation #AI

Interesting read. Navigating the rapidly evolving landscape of generative AI is crucial.🚨 Understanding the risks and taking proactive steps to mitigate them is a must!🔬